218 Rangeway Rd #232 Billerica — Photo 1 of 38
Recent Drop: $19,000
$710,000
Investment Analysis — 218 Rangeway Rd #232
Billerica, MA 01862
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-bedroom in 01862 carries an estimated $2,470/mo in gross rent — about a 1.20% cap rate and $8,544/yr in estimated NOI at the $710,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
2,613
Style
Condominium
Built
2005
Welcome to Swanson Meadows Condominiums, where this well-maintained townhouse offers a spacious and versatile layout with 2 bedrooms, 2.5 baths, a dedicated second-floor office, and a finished third-floor bedroom ideal for guests, a playroom, home gym, or additional living space. The bright, sun-filled open-concept first floor features updated wood flooring, a refreshed kitchen with newer appliances, and a finished sunroom off the dining area that adds even more comfortable living space. Recent improvements include updated bathroom finishes, fresh interior paint, newer skylights and roof, an updated garage floor, and a replaced hot water heater. Move-in ready and thoughtfully maintained, this home offers comfortable, low-maintenance living in a sought-after community with convenient access to shopping, dining, commuter routes, and everyday amenities.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Freezer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17 x 16
Open Floorplan, Gas Stove, Flooring - Engineered Hardwood
Dining Room
Lvl First14 x 16
Open Floorplan, Lighting - Overhead, Flooring - Engineered Hardwood
Kitchen
Lvl First14 x 16
Open Floorplan, Recessed Lighting, Gas Stove, Flooring - Engineered Hardwood
Office
Lvl Second10 x 18
Ceiling Fan(s), Flooring - Wall to Wall Carpet
Family Room
Lvl First14 x 11
Skylight, Ceiling Fan(s), Vaulted Ceiling(s), Exterior Access, Flooring - Engineered Hardwood
Master Bedroom
Lvl Second19 x 15
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second14 x 14
Bathroom 1
Lvl First4 x 4
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second9 x 15
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second10 x 4
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Property History
$710,000
Was $729,000
Jun 4, 2026
MLS® 73514576
$729,000
May 7, 2026
MLS® 73514576
Listing Agent: Adam Gustafson
Listing Office: Today Real Estate, Inc.
MLS® Number: 73514576
